**MAJOR SPOILERS**
I didn't overly hate it but I don't think it compares to the first or second.
Second one had a couple of parts I wasn't thrilled with--the "rave" was unneccessary and failed it's purpose, and the scene with the Architect was a bit drawn out and boring.
Rusty and I were talking about it this morning (saw it last night) and we finally put our finger on it... All the main characters from the first movies are like guest stars. They tried to make the Zion people main characters but in the end, you really didn't give a shit if the council or Commander Locke or the kid died. They went so long without showing Neo and Trinity at all, with the whole Zion thing. Too long, in my opinion.
What is Morpheus doing the whole movie? He's like a nobody, of no consequence. They tried to make Naiobi a main character but she's just not that interesting, neither is the crew from either ship. And when Trinity dies, they could have done so much better. They dragged on what she was saying which was essentially "I love you". And then when Neo dies, they cut away after a few seconds! HELLO! Neo is the one you're supposed to care about and if he dies, that's supposed to be a horrible thing. But by then, you didn't care all that much.
There was only one fight scene and IMHO it wasn't that great. They didn't build up the tension and have a great climax like they did in the first movie or the Burly Brawl. The scene with the French guy could have been better too. But without the club scene with nakedness and nipple twisting, would they have gotten the R rating? I think that whole thing with him and the TrainMan was useless to the storyline as was the Indian guy and his family.
In short, I wasn't impressed. There's nothing that really stands out as "the best part". I guess the part I liked the best was when Agent Smith clones the Oracle and he starts laughing like a maniac. Just love those facial expressions.
Rusty and I were going to wait until the 3 DVD box set came out but I think we're going to stop at the second one. I don't think I'll be spending anymore money on the third.